I'm targeting multifamily properties, where before taking into account me living there and after taking into account the rehab, the property could generate a 12.5+ cap with the student rents.What am I not thinking about which could hinder my plan?

However, if you focus your postcard theme on how HOT that zip code and highlight specific sales numbers in a concise manner, that could generate leads too ! 

It's true that the supply and demand of units generates an equilibrium rent price.

Allowing the 3rd tenant to have 2 dogs means they now generate 1/2 of the poo, but they did not feel like it should be their responsibility to pick it up 1/2 of the time. 

Purchase price $175k:Cash Flow = $713/moCash on Cash ROI = 11%Cap Rate = 11%Purchase price $200k:Cash Flow = $502/moCash on Cash ROI = 7%Cap Rate = 9%My goal is to live in one of the units for year and then hold the property to generate cash flow that can be reinvested (either in this place by paying off the loan early or in a new investment).  

Originally from the Caribbean; Frist generation. 

Hello BP Friends,I wanted to get your 2-cents and advice on a possible multi-family buy-and-hold deal selling for around $185k that generates around $2300/month.  

I'd encourage you to work on getting your license so you don't have to depend on others to access properties and generate comps.  

County to generate cash (and profit?)

These areas have much more stability and can generate the sort of returns that you should come to expect.